Residential Land for Sale in Portsmouth, Virginia
531 Edwards St Portsmouth, VA 23704
Images
Map
Street
$84,900
0.21 acres
Active sale$5k dropEst $671/mo
Multifamily land in the highly sought after UR-M Zoning District. Rare opportunity to purchase land for a new four-family apartment building in Hampton Roads. Perfect location near Downtown Portsmouth, I-264, the Downtown Tunnel and within proximity to Norfolk Naval Shipyard. Property is 75 x 121 or 9,075 square feet. With a CUP it is possible to construct 5 units. Other choices include a duplex style no fee condominium, townhouses or even a single-family home-see attached Zoning Ordinance Summary. LOTS of new construction in the immediate area. Act now, there are no other similar properties for sale for the multifamily builder/investor.
Property details
- County
- City of Portsmouth
- Community
- Southside
- Zoning
- UR-M
- Elevation
- 7 feet
- MLS Number
- REIN 10528791
- Date Posted
Parcels
- 00390510
Property taxes
- Recent
- $748
Detailed attributes
Listing
- Type
- Land
- Franchise
- Berkshire Hathaway HomeServices
Exterior
- Features
- Curbs, Drainage Gutters, Sidewalks
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Brighton Elementary | Elementary | — | — |
Churchland Middle | Middle | — | — |
Manor High | High | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Oct 9, 2024 | Price drop | $84,900 | $5,000 -5.6% | REIN |
Apr 21, 2024 | New listing | $89,900 | — | REIN |
Payment calculator
Fred Helm
Berkshire Hathaway HomeServices RW Towne Realty
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